Scalability

The BTC COIN-M (coin-margined) futures market is a significant and growing segment of the cryptocurrency derivatives market. As of 2024, BTC COIN-M Open Interest (OI) represents approximately 26% of the total perpetual futures market, with a current value of around $7 billion. Historically, this percentage has reached as high as 51%, indicating substantial market participation.

Looking forward, we project that the BTC COIN-M market will continue to grow alongside the broader BTC perpetual futures market. This growth is expected to be driven by increasing institutional interest and the ongoing maturation of cryptocurrency derivatives markets. The scalability of Aegis YUSD is thus supported by the robust liquidity and growing participation in the BTC COIN-M market, ensuring that YUSD can scale effectively as market demand increases. This positive outlook for market growth is based on historical trends and the anticipated expansion of cryptocurrency trading infrastructure.